A lot of investors got understandably excited. After years of musical chairs at the top, finally there was a new boss who "got it." This proverbial platform change was something that could help return the pizzazz to Yahoo. Mobile could pave the way for Yahoo to use search and … Read more
After a full quarter with Marissa Mayer as its chief executive, Yahoo is showing signs of improvement.
But is it time to believe the turnaround story is for real?
That debate is about to get new life breathed into it after the company released non-GAAP earnings of $272.27 million, or 32 cents per share, in the fourth quarter on sales of $1.35 billion. Taking charges into account, Yahoo earned 23 cents per share. The consensus analyst estimate was for 27 cents per share, minus expenses connected with Yahoo's exit from South Korea. Revenue this quarter was expected … Read more
With the Internet being a relatively new concept, governments are still working out how to manage, secure, and legalize the Web. The French government, in particular, has been studying how U.S. companies -- such as Facebook, Google, and Amazon -- are making lots of money from its residents but are paying very little in local taxes.
As a response, French President Francois Hollande has commissioned a report that looks at a new idea: taxing the Internet.
Facebook did not introduce a phone as many had hoped, but its new Graph Search might actually be able to generate revenue for the social-networking giant, analysts say.
Still, Facebook likely won't make much money from the tool in the near term as it focuses on user experience, analysts added, and people shouldn't expect Facebook to actually challenge Google's search dominance anytime soon.
In addition, Facebook's stock could see some short-term pressure from investors who were expecting a larger announcement like a phone or Web search, RBC analyst Mark Mahaney said.
Facebook, during an event yesterday … Read more
When you want something from somebody, it's best to ask nicely.
At least, that's what I was always told by my former girlfriends and cell mates (that's two separate groups). However, I may have to revise that notion, after hearing of the antics perpetrated by a few good people in Lexington, Ky.
The management of a small ad agency there called Cornett Integrated Marketing Solutions (yes, they do indeed have the dreaded solutions word in their name) decided it might be fine business to use LinkedIn to pester executives from the A&W Restaurants company.… Read more
There's a certain sense of wonder and excitement that arises when keeping tabs on the latest and greatest Kickstarter and Indiegogo projects. Browsing those marketplaces, I often ask myself, "Will they stay, or will they go?"
The new Web site Outgrow.me features a visual directory of successful crowdfunded darlings, which you can browse according to availability -- such as projects available now or those still in preorder status. Any projects currently seeking money won't even show up on the site, meaning Outgrow acts as an easy way to wade through all of the noise and buy some potentially cutting-edge products ready for prime time. … Read more
Consumer Watchdog, a group that's accused Google of antitrust misconduct, is trying to find out why the FTC's investigation into the subject resulted in only mild punishment.
The group requested the Federal Trade Commission release its staff's report to detail the situation, according to a letter Consumer Watchdog sent to the commissioners (PDF). The agency's staff prepare such reports then forward them to the five commissioners who vote on what course of action to take.
"I call on you to release the FTC staff report to help make clear what was behind the commission's … Read more
Target said today that it would match online pricing in all of its stores year-round -- a move deployed by many retailers this holiday season -- in a bid to stop Amazon's "showrooming" effect.
In a statement, Target said it will match pricing from Amazon.com, Walmart.com, BestBuy.com and Toysrus.com (including Babiesrus.com). In a nutshell, Target will match prices on items found cheaper elsewhere within seven days.
The move is likely to be followed by Best Buy and other retailers that deployed the price matching stunt over the holidays. However, it's unclear … Read more
France, unlike the U.S., has had relaxed rules on whether Internet service providers can block online content -- until today that is.
The French government has ruled that one of the country's biggest Web providers, Free, must halt all online ad blocking, according to the New York Times.
"An Internet service provider cannot unilaterally implement such blocking," the French minister for the digital economy Fleur Pellerin said at a news conference, according to the Times. "This kind of blocking is inconsistent with a free and open Internet, to which I am very attached."
The … Read more
When it reports tomorrow, Alcoa officially kicks off the quarterly earnings season. In the meantime, the stock market -- and tech stocks in particular -- are selling off. Not Amazon. In fact, the company touched an all-time high earlier today after an analyst upgrade from Morgan Stanley sent shares of Amazon climbing to $269.30, the highest intraday price since the company's 1997 IPO.In his upgrade note, Morgan Stanley's Scott Devitt said Amazon should exceed $1 trillion in revenue by 2016, up from $512 billion in 2012. That, in turn, inspired the expected veneration and rhetorical overkill … Read more